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Is Financial Education Services a Good Business or Career Opportunity
Financial Education Services Summary
Financial Education Services also known as FES is headquartered in Farmington Hills, MI and has approximately 7000 independent agents worldwide. The majority of the services offered by FES are proprietary products developed by FES. There are as well some partnerships most notably, LifeLock the number 1 provider of identity theft protection.
The founders of this company, Mike Toloff and Parimal Naik come from a very successful background relating to the financial services industry and over the last 30 years combined have taken what was once an operation ran from a small back room in a shopping mall to a state of the art facility with representation across the country
Financial Education Services Products
FES offers products in todays market place that everyone needs and they know they need them which makes for a great opportunity. The services wlll educate consumers on important factors related to financial literacy
It is this combination of products, service and education that has helped FES to become a powerhouse in the market place today and what separates them from their competition. When you educate your customer base you have a potential for not only referral business but as well retention of existing clients.
Financial Education Services products consist of Credit Restoration (credit repair), Positive Credit Building, Wills and Trusts and the exclusive core product the FES Protection Plan Membership that includes previous mentioned services along with DebtZero (Debt Pay-off System) and My Financial Lockbox, travel conscierge service and a total of 13 related products. We believe this is protection that pays!
Financial Education Services Business Model
The business model or distribution of these financial services is delivered through a network of independent distributors or what FES refers to as "Agents". Agents are compensated for the sale of these products and also have the ability to build teams of agents and receive overrides and bonuses based on their team production.
The business model is a form of MLM or as more commonly referred to as Network Marketing. FES has focused more on a hybrid concept however where corporate america meets entrepreneurship. It is more like running your own exciting agency. The unique thing about the FES model as that agent's can opt to simply sell the products and not participate in the team building aspect of the business although to maximizes the compensation plan you will want to participate in both sales of products as well as team building. FES also has the premiere fesuniversity! This training is top notch. Agents that join own a franchise type model and also serve as credit repair agents as they represent the non-profit united credit.
Should you consider Financial Education Services
Well let's examine the facts; it is estimated that over 50 million Americans have less than a 599 credit score (Sub-Prime Credit), 90% of the population does not have a will and trust combination, the average consumer household debt is approximately 20K with no plan in place to pay it off and identity theft is the fastest growing crime in America. With that being said, it's almost a certainty that most people know someone that can use the services that Financial Education Services provides.
The most likely candidates for the FES business opportunity are professionals in the financial services industry such as mortgage brokers and Real Estate professionals. There has also been a recent surge in interest from the insurance industry.
This opportunity just like any other home based business is great for anybody looking to enter the network marketing industry. There are no license requirements for the agents since FES is licensed and bonded in all 50 states including Puerto Rico.
The bottom line is if you're the type of persons that needs the services offered by FES, will to sharing products that can benefit others or enjoy working from home than the Financial Education Services opportunity could be right for you.
Deborah Taylor has been in the financial services industry Industry since 2004. Learn how you can build a successful business with the Financial Education Services Business Opportunity.
Financial Education Services also known as FES is headquartered in Farmington Hills, MI and has approximately 7000 independent agents worldwide. The majority of the services offered by FES are proprietary products developed by FES. There are as well some partnerships most notably, LifeLock the number 1 provider of identity theft protection.
The founders of this company, Mike Toloff and Parimal Naik come from a very successful background relating to the financial services industry and over the last 30 years combined have taken what was once an operation ran from a small back room in a shopping mall to a state of the art facility with representation across the country
Financial Education Services Products
FES offers products in todays market place that everyone needs and they know they need them which makes for a great opportunity. The services wlll educate consumers on important factors related to financial literacy
It is this combination of products, service and education that has helped FES to become a powerhouse in the market place today and what separates them from their competition. When you educate your customer base you have a potential for not only referral business but as well retention of existing clients.
Financial Education Services products consist of Credit Restoration (credit repair), Positive Credit Building, Wills and Trusts and the exclusive core product the FES Protection Plan Membership that includes previous mentioned services along with DebtZero (Debt Pay-off System) and My Financial Lockbox, travel conscierge service and a total of 13 related products. We believe this is protection that pays!
Financial Education Services Business Model
The business model or distribution of these financial services is delivered through a network of independent distributors or what FES refers to as "Agents". Agents are compensated for the sale of these products and also have the ability to build teams of agents and receive overrides and bonuses based on their team production.
The business model is a form of MLM or as more commonly referred to as Network Marketing. FES has focused more on a hybrid concept however where corporate america meets entrepreneurship. It is more like running your own exciting agency. The unique thing about the FES model as that agent's can opt to simply sell the products and not participate in the team building aspect of the business although to maximizes the compensation plan you will want to participate in both sales of products as well as team building. FES also has the premiere fesuniversity! This training is top notch. Agents that join own a franchise type model and also serve as credit repair agents as they represent the non-profit united credit.
Should you consider Financial Education Services
Well let's examine the facts; it is estimated that over 50 million Americans have less than a 599 credit score (Sub-Prime Credit), 90% of the population does not have a will and trust combination, the average consumer household debt is approximately 20K with no plan in place to pay it off and identity theft is the fastest growing crime in America. With that being said, it's almost a certainty that most people know someone that can use the services that Financial Education Services provides.
The most likely candidates for the FES business opportunity are professionals in the financial services industry such as mortgage brokers and Real Estate professionals. There has also been a recent surge in interest from the insurance industry.
This opportunity just like any other home based business is great for anybody looking to enter the network marketing industry. There are no license requirements for the agents since FES is licensed and bonded in all 50 states including Puerto Rico.
The bottom line is if you're the type of persons that needs the services offered by FES, will to sharing products that can benefit others or enjoy working from home than the Financial Education Services opportunity could be right for you.
Deborah Taylor has been in the financial services industry Industry since 2004. Learn how you can build a successful business with the Financial Education Services Business Opportunity.
Find out more about FES today. It truly is a great business!
Reach Deborah Taylor at www.deborahtaylor.net
248-266-2906.
Deborah Taylor
Regional Sales Director
Financial Education Services
Reach Deborah Taylor at www.deborahtaylor.net
248-266-2906.
Deborah Taylor
Regional Sales Director
Financial Education Services
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